The new Individual Income Tax (IIT) law becomes effective on 1 January 2019, along with the final implementation rules for the amended IIT law and the implementation guidance on the additional itemized deductions released in the end of 2018, China's Ministry of Finance ("MOF") and the State Taxation Administration ("STA") provided further guidance on IIT treatment of non-domiciled individuals (overseas Chinese and foreign individuals) on March 14th, which are announced in Bulletin 34 and 35, and both apply retroactively from 1 January 2019.

Specifically, to help foreign individuals in China analyze and identify risks and challenges derived from China IIT reform and to better adapt to relevant changes, Ines Liu from DSA Beijing office will provide an in-depth analysis of IIT reform and its potential impact on foreign individuals in terms of new tax residency rule, six years rule, the new IIT withholding methodologies, three-year transitional policy, determination of China-sourced income and application of tax treaties.

Event Details:

When: Wednesday, June 5, 14:00-15:30

Where: SwedCham's office, Jinshang building

Address: 2nd Floor, 20 Xinyuanli West, Chaoyang District, 北京市朝阳区新源里西20号2层226

Price: 150 RMB Members, 300 Non-Members

About the speaker

Ines Liu is an Assistant Manager at Dezan Shira & Associates' Beijing office and a member of the International Business Advisory team. She advises foreign investors on market entry strategy, corporate structuring, cross-border tax issues, and FDI-related legal and tax considerations.

Before joining Dezan Shira & Associates, Ines acquired extensive auditing and assurance experience working at PwC, and managed investor relations for China-based U.S. IPOs while working at Ogilvy Public Relations Worldwide. She has also practiced in specific areas of auditing, financial and corporate communications, and general accounting and management consulting.

Ines holds a Bachelor's degree in economics and an MBA from Macquarie University Graduate School of Management in Australia.